USD Partners LP Announces Annual Report on Form 10-K for the Year Ended December 31, 2020, and 2020 Schedule K-1 Availability
16 March 2021 - 7:34AM
Business Wire
USD Partners LP (NYSE: USDP) (the “Partnership”) today announced
that the Partnership filed its Annual Report on Form 10-K for the
fiscal year ended December 31, 2020, with the U.S. Securities and
Exchange Commission (“SEC”). The Partnership’s Annual Report on
Form 10-K is available through its website at www.usdpartners.com
by selecting the “SEC Filings” sub-tab under the “Investors” tab,
as well as on the SEC’s website at www.sec.gov. Interested
investors may obtain a hard copy of the Annual Report on Form 10-K,
including the Partnership’s financial statements, free of charge by
writing to Investor Relations, USD Partners LP, 811 Main Street,
Suite 2800, Houston, Texas 77002.
Additionally, the Partnership’s 2020 tax package, which includes
the Schedule K-1 (Form 1065), is available and may be accessed on
the Partnership’s website at www.usdpartners.com by selecting the
“K-1 Tax Information” sub-tab under the “Investors” tab. Printed
copies of the tax package were mailed during the week of March 8,
2021. For additional information or assistance, unitholders may
contact the toll free USD Partners LP Tax Support Line at
1-844-275-9876.
About USD Partners LP
USD Partners LP is a fee-based, growth-oriented master limited
partnership formed in 2014 by US Development Group, LLC (“USD”) to
acquire, develop and operate midstream infrastructure and
complementary logistics solutions for crude oil, biofuels and other
energy-related products. The Partnership generates substantially
all of its operating cash flows from multi-year, take-or-pay
contracts with primarily investment grade customers, including
major integrated oil companies, refiners and marketers. The
Partnership’s network of crude oil terminals facilitates the
transportation of heavy crude oil from Western Canada to key demand
centers across North America. The Partnership’s operations include
railcar loading and unloading, storage and blending in on-site
tanks, inbound and outbound pipeline connectivity, truck
transloading, as well as other related logistics services. In
addition, the Partnership provides customers with leased railcars
and fleet services to facilitate the transportation of liquid
hydrocarbons and biofuels by rail.
USD, which owns the general partner of USD Partners LP, is
engaged in designing, developing, owning, and managing large-scale
multi-modal logistics centers and energy-related infrastructure
across North America. USD solutions create flexible market access
for customers in significant growth areas and key demand centers,
including Western Canada, the U.S. Gulf Coast and Mexico. Among
other projects, USDG, along with its partner Gibson Energy, Inc.,
is pursuing long-term solutions to transport heavier grades of
crude oil produced in Western Canada through the construction of a
Diluent Recovery Unit at the Hardisty terminal, which is expected
to be placed into service late in the second quarter or early in
the third quarter of 2021. USDG is also currently pursuing the
development of a premier energy logistics terminal on the Houston
Ship Channel with capacity for substantial tank storage, multiple
docks (including barge and deepwater), inbound and outbound
pipeline connectivity, as well as a rail terminal with unit train
capabilities. For additional information, please visit
texasdeepwater.com. Information on websites referenced in this
release is not part of this release.
Category: Earnings
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Adam Altsuler Senior Vice President, Chief Financial Officer
(281) 291-3995 aaltsuler@usdg.com
Jennifer Waller Director, Financial Reporting & Investor
Relations (281) 991-8383 jwaller@usdg.com
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